ASSIGNMENT BMMF5103 MANAGERIAL FINANCE 15 July 2013 QUESTION 1 a) Maximizing shareholder wealth is a “moral imperative” for financial manager means managers are supposed to work for shareholders who are the actual owners of a company or corporation. Shareholders elect company directors who in turn hire managers to run the company on day to day basis with the view to make profit for the company. Managers are paid for their services rendered to
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Factors Affecting Organizational Climate and Retention Organizational Change Change refers to new reporting relationships‚ responsibilities‚ procedures‚ policies‚ equipment‚ tools‚ and/or software used on the job. Think about how an organization or work unit responds to change as a whole‚ rather than how individuals respond. Communication Communication addresses how information flows in an organization. Service Service is defined as meeting the needs and expectations of the persons
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Republic of the Philippines Nueva Ecija University of Science and Technology College of Management and Business Technology Managerial Plan Japanese Cuisine Restaurant Introduction Japanese cuisine is the food—ingredients‚ preparation and way of eating—of Japan. The traditional food of Japan is based on rice with miso soup and other dishes‚ each in its own utensil‚ with an emphasis on seasonal ingredients. The side dishes often consist of fish‚ pickled vegetables‚ and vegetables cooked
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also asked you to determine whether a case can be made for excess storm-related sales during the same period. If such a case can be made‚ Carlson is entitled to compensation for excess sales it would have earned in addition to ordinary sales. Managerial Report Prepare a report for the managers of the Carlson Department Store that summarizes your findings‚ forecasts‚ and recommendations. Include the following: 1. An estimate of sales had there been no hurricane. 2. An estimate of countywide
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PROBLEM 2-22B Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement (LO6) CHECK FIGURE Direct labor: $57‚000 Alexsandar Company provided the following account balances for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses $217‚000 Purchases of raw materials $263‚000 Direct labor ? Administrative expenses $151‚000 Manufacturing overhead applied to work in process $336‚000 Total actual manufacturing
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TUNDRA CLIMATE The tundra biome is characterized by extremely cold temperatures and treeless‚ frozen landscapes. There are two types of tundra‚ the arctic tundra and the alpine tundra . ARCTIC TUNDRA The arctic tundra is located in the extreme northern hemisphere around the North Pole. This area experiences low amounts of precipitation and extremely cold temperatures for most of the year. The arctic tundra typically receives less than 10 inches of precipitation per year (mostly in the form of
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general ethics to business behavior ‚its is the extension of individual/group ethics to business situations. Source:http://www.slideshare.net/ajithsrc/hrm-ethics Managerial Ethics: 1. Managerial ethics are a set of standards that dictate the conduct of a manager operating within a workplace. Author: Alex Burke 2. Managerial Ethics: Ethical management is the knowledge of standards in both accounting and corporate governance‚ and recognition of the link between ethics and organizational
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Managerial accounting principles are utilized on a daily basis by managers and accounting professionals to assist them in making sound decision for companies. The company’s management collects and analyzes data to meet specific needs in different areas of operations. Four important areas management and accounting professionals concentrate on include budgeting‚ forecasting analysis and projection. Budgeting takes place at the onset of the fiscal year. Managers and accountants work in tandem
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| | | Add: Purchases of raw materials | 32‚000 | | | Raw materials available for use | 40‚000 | | | Deduct: Raw materials inventory‚ ending | 7‚000 | | | Raw materials used in production | | $ 33‚000 | | Direct labor | | 40‚000 | | Manufacturing overhead cost applied to work in process | | 50‚000 | | Total manufacturing cost | | 123‚000 | | Add: Work in process‚ beginning | | 6‚000 | | | | 129‚000 | | Deduct: Work in process
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disbanding the union and suing the league under antitrust law for colluding to restrict pay (Kuriloff‚ 2011 ) The National Football League has asked the National Labor Relations Board (NLRB) for clarifications in using antitrust laws to block a lockout and clarifying if the National Football League Players Association is a certified labor union. The National Football League position is that the National Football League Players Association is using delaying tactics and they are threatening a work stoppage
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